We source our eggs from a network of more than 625 small farms, including our contracted family farms along with a small number of company-owned accelerator farms
We primarily work with our contracted farms pursuant to buy-sell contracts where the farmer is responsible for all of the working capital and investments required to produce the eggs and manage the farm
We are contractually obligated to purchase all of the eggs produced by the farmer during the term of the contract at an agreed-upon price that depends upon pallet weight and is adjusted quarterly for changes in feed cost
Buy-sell contracts with new farms average approximately six years in length
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